Part 5/10:
Tesla continues to ramp up production of its advanced 4680 battery cells, reporting a threefold increase in production compared to the previous quarter. These batteries are critical for reducing costs and increasing vehicle range. Impressively, Tesla is already achieving a 500-mile range in the semi-truck with the current battery design, even without deploying the 4680s at full capacity in all models.
This acceleration suggests Tesla is on track to implement cost-saving measures that will improve profitability over time. The company's focus remains on integrating these innovative batteries into its production line to bolster margins and operational efficiency.